MQ Market Updates

MQ Market Updates - 20 January 2025

MQ Trader
Publish date: Mon, 20 Jan 2025, 06:15 PM

UUE Holdings Bhd (UUE) has renewed contracts for underground cable installations worth RM27.57 million.

Bursa Malaysia Bhd (BURSA) is projected to see a 37%-39% net profit growth for 2024, influenced by market liquidity and policy actions from major economies.

Northern Solar Holdings Bhd (NORTHERN) has a fair value of RM1.00 assigned by Public Investment Bank, indicating a significant premium over its IPO price.

Swift Haulage Bhd (SWIFT) has underperformed since its IPO in December 2021.

Fajarbaru Builder Group Bhd (FAJAR) has signed a master purchase and development agreement for the Penang Medi-City project, with a projected gross development value of RM2 billion. The company is also rebranding to reflect its commitment to agility and sustainability.

Dialog Group Bhd (DIALOG) is expected to increase its associate contribution by RM5 million to RM10 million annually through a stake in Regas Terminal Sdn Bhd.

The growth of Nationgate Holdings Bhd (NATGATE) and PIE Industrial Bhd (PIE) may be hindered by new U.S. regulations on AI chip exports.

Khazanah Nasional Bhd and the EPF-led consortium, Gateway Development Alliance Sdn Bhd (GDA), have successfully moved to privatize Malaysia Airports Holdings Bhd (AIRPORT) by lowering the acceptance condition to 85% of total shares, facilitating the delisting process. 

The proposal to convert properties under a Private Lease Scheme to freehold in Medini, Johor, is expected to enhance Sunway Bhd's (SUNWAY) land value significantly, according to analysts.

7-Eleven Malaysia Holdings Bhd (SEM) plans to install 100 cash recycling machines across its outlets, enhancing customer service.

Duopharma Biotech Bhd (DPHARMA) anticipates record profits this year, driven by a stronger ringgit and improved sales.

With the ceasefire between Israel and Hamas, Westports Holdings Bhd (WPRTS) may benefit from improved port operations, positively impacting Malaysian exporters.

AMMB Holdings Bhd (AMBANK) may increase its dividend payout ratio due to a strong capital position.

Samaiden Group Bhd (SAMAIDEN) is advancing its solar plant project in Kelantan to capitalize on favorable market conditions.

VS Industry Bhd (VS) remains a strong investment due to its regional operations.

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Disclaimer: This information does not represent a BUY or SELL recommendation on the stock covered. Traders and Investors are encouraged to do their own analysis on stocks instead of blindly following any Trading calls raised by various parties on the Internet.

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